08.03.2010
 Standard & Poor's confirms Iceland sovereign rating : still on CreditWatch with negative implications

Standard & Poor's have today announced the unchanged sovereign rating for Iceland, following the rejection of referendum of legislation to repay IceSave debts. Iceland's sovereign rating , BBB-/A-3 foreign currency ratings and BBB+/A-2 local currency ratings is still on CreditWatch with negative implications.

Here is Standard & Poor's original press release: Standard and Poors press release March 8 2010.pdf


InflationMore »

Consumer prices, 12-month changes. Last value: 4.8%
Verðbólga
Inflation target 2.5%

CBI's interest ratesMore »
CBI's interest rates
Overnight 9.50%
Loans against collateral 8.00%
Current account 6.50%
Exchange rateMore »
Currency 30.7.2010 Ch. *
USD 120.5 0.14%
GBP 187.61 -0.30%
DKK 21.01 -0.57%
EUR 156.56 -0.56%
* Changes from last entry
Exch. Rate IndicesMore »
Exchange Rate Indices 7/30/2010 Ch. *
Narrow trade index** 211.03 -0.32%
* Changes from last entry
** The index has been recalculated so that, on January 2, 2009, it was assigned a value equivalent to that of the now-discontinued Exchange Rate Index.
Other interest ratesMore »
Penalty rates from 1.7.2010 15.00%
30.07.10 REIBID REIBOR
O/N 6.600% 7.100%
S/W 7.000% 7.500%
1 M 7.000% 7.500%
3 M 6.800% 7.050%
1 Y 6.000% 6.350%


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Address: Kalkofnsvegi 1, 150 Reykjavik - E-mail: sedlabanki@sedlabanki.is
Tel.: (354) 569 9600 - Telefax: (354) 569 9605

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